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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 311,864 $ 315,457
Restricted cash 5,220 3,026
Short-term investments 7,463 10,174
Accounts receivable, net of allowances of $10,461 and $5,641 at September 30, 2024 and December 31, 2023, respectively 358,938 371,930
Inventories 482,038 389,774
Prepaid expenses and other 96,921 97,024
Total current assets 1,262,444 1,187,385
Property, plant and equipment, net 703,725 746,169
Deferred tax assets 52,443 51,620
Goodwill 148,512 146,558
Intangible assets, net 53,698 63,937
Other long-term assets 168,560 171,990
Total assets 2,389,382 2,367,659
Current liabilities:    
Lines of credit 35,704 40,685
Accounts payable 150,247 158,261
Accrued liabilities and other 161,880 179,674
Income tax payable 3,506 10,459
Current portion of long-term debt 1,446 4,419
Total current liabilities 352,783 393,498
Long-term debt, net of current portion 20,717 16,979
Deferred tax liabilities 11,600 13,662
Unrecognized tax benefits 34,035 34,035
Other long-term liabilities 86,938 99,808
Total liabilities 506,073 557,982
Commitments and contingencies (See Note 9)
Stockholders' equity    
Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 46,330,932 shares and 45,938,383 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 37,082 36,819
Additional paid-in capital 517,129 509,861
Retained earnings 1,711,057 1,675,274
Treasury stock, at cost 9,288,420 shares and 9,286,862 shares at September 30, 2024 and December 31, 2023, respectively (338,100) (337,986)
Accumulated other comprehensive loss (115,584) (143,227)
Stockholders' equity 1,811,584 1,740,741
Noncontrolling interest 71,725 68,936
Total equity 1,883,309 1,809,677
Total liabilities and stockholders' equity $ 2,389,382 $ 2,367,659